# 2510 MARTHA LAKE RD #5, Mercer, WI 54547 > **TL;DR:** 2bd/1ba single family, $235,000. > Fireplace, Waterfront, View, 1-car garage. Est. $1,398/mo. Listed 182 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $235,000 | | Bedrooms | 2 | | Bathrooms | 1 full | | Lot Size | 12,197 sqft (0.28 acres) | | Garage | 1-car | | Property Type | Single Family (Single Family Residence) | | Status | Active | | Days on Market | 182 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed - **Views** - Water ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,188 | | Estimated Insurance | $69 | | HOA | $141 | | **Total** | **$1,398** | ## Nearby Schools - **Elementary:** IR Mercer - **Middle:** IR Mercer - **High:** IR Mercer ## Key Amenities - Fireplace - Waterfront - View - 1-car garage ## Property Highlights - 0.28 acre lot - 2 parking spaces - Fireplace - Waterfront ## Description ### Agent Description This updated, 2BR cabin sounds like the ultimate Northwoods retreat! With its Northwoods charm, warm decor, and incredible views from the lakeside windows and sliding door. Newly added section to cabin increased the kitchen and living room sizes plus added a full bathroom to include a massive, tiled walk-in shower. The combination of full vertical logs, metal accents, wood beams and a variety of recently stained woods create a distinctive rustic aesthetic. There is a new electric corner fireplace and wall unit for heat. Includes a 14' x 24' garage unit for storage. You have limited common elements of 0.28 acres of land and 45' of lake frontage, offering space for future expansion. The property includes common areas with access to a shared swimming beach, piers, playground and fire pit for your enjoyment. Too many updates/amenities to mention. Located on the recreational trails for snowmobiling or atving and close to downtown. It sounds like a turnkey dream-especially since it comes fully furnished. Looking for year-round - by updating water lines and making some adjustments. ## Location - **Address:** 2510 MARTHA LAKE RD #5, Mercer, WI 54547 - **County:** Iron - **Neighborhood:** Grand Portage Condo - **Coordinates:** 46.16649722, -90.0553834 - **Google Maps:** https://www.google.com/maps?q=46.16649722,-90.0553834 ## Listing Agent - **Name:** DIANA GIARDINA · **License:** 58666 - 90 - **Brokerage:** Century 21 Pierce Realty, LLC - **Broker Phone:** (715) 476-2111 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2510-Martha-Lake-Rd-5_Mercer_WI_54547_M72742-79787?f=listhub&s=GNMLSWI&m=216741&c=propsimple) ## Photos ![2510 MARTHA LAKE RD #5 - Photo 1](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f258583108r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 2](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f2841110171r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 3](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f2186309952r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 4](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f4256187140r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 5](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f1492517590r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 6](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f815612994r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 7](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f1688036907r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 8](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f3214788202r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 9](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f2429819422r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 10](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f2572255873r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 11](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f3779005449r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 12](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f309214125r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 13](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f906515039r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 14](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f417709165r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 15](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f2236981082r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 16](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f3502445236r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 17](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f2814419313r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 18](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f2990708168r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 19](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f4038494753r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 20](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f1882060237r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 21](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f3691442115r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 22](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f1405484770r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 23](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f3364858069r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 24](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f2550268112r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 25](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f763686761r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 26](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f526556792r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 27](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f4253418620r.jpg) ![2510 MARTHA LAKE RD #5 - Photo 28](http://lh.rdcpix.com/91768cb5323ec2e2005bbf46f32a7781l-f3830215434r.jpg) --- **MLS#:** 216741 | **Updated:** 2026-10-24 **Source:** listhub *Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/2510-martha-lake-rd-mercer-wi-54547-468fdb9a44df4358b68dff224ef531e1) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/2510-martha-lake-rd-mercer-wi-54547-468fdb9a44df4358b68dff224ef531e1#listing", "url": "https://staging.propertysimple.ai/listing/2510-martha-lake-rd-mercer-wi-54547-468fdb9a44df4358b68dff224ef531e1", "name": "2510 MARTHA LAKE RD #5, Mercer, WI 54547", "description": "This updated, 2BR cabin sounds like the ultimate Northwoods retreat! With its Northwoods charm, warm decor, and incredible views from the lakeside windows and sliding door. 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